north vancouver DETACHED -MARCH 2023
SALES TO LISTINGSRATIO 40% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere160 detached listingsin N orth Vancouverin M arch,20% aboveFebruaryand 1.9% higherthan M arch 2022. M arch detached hom esalesincreased by 36% m onth-over-m onth,to 64,and were45% below M arch 2022.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 15% VS 2022
▼ 14% VS 2022
▲ 1.9% VS 2022
▼ 45% VS 2022
THISMONTH No. $2,099,157 $1,992,500 40% 64 160
PREVIOUSYEAR
PREVIOUSMONTH
No. 75% 117 157
% Change -15% -14% -46% -45% 1.9%
No.
% Change
Thesales-to-listing ratio fordetached in N orth Vancouver,at40% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
$2,205,937 $1,855,000 35% 47 133
-5% 7% 13% 36% 20%
Thedetachedm edian pricein M arch was$1,992,500,a 7% increasefrom Februaryand 14% below M arch 2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$2,099,157,5% below last m onth and down 15% toM arch 2022.
$2,469,856 $2,320,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
242
236
210
198
221
219
1.87
205
1.73
160
1.661.64
161
157
133
17
1.44
122
17
1.34
95
63
62 55
79
64
47
50
18
45 42
25
$2.32M $2.27M $2.20M
$2.03M $2.02M
$2.01M $1.93M $1.91M $1.86M
$1.84M $1.85M
$1.86M $1.99M
22-Mar
23-Feb
23-Mar
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
50
100%
40
85%
30
51%
20
10
17%
10%
0
<$600K
$600-799K
$800-999K
$1.0M -1.24M $1.25M -1.49M $1.5M -1.99M
$2.0M -2.49M
$2.5M -2.99M
$3M+
S-L RATIO SALES INVENTORY
1 0 n/a
1 0 n/a
0 1 n/a
3 3 100%
33 28 85%
43 22 51%
30 5 17%
49 5 10%
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